ST Alpha - "From the article, average compensation decreased, even as wages went up, due to reduced number of jobs. -- (edited)" (Reading a Post)

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From the article, average compensation decreased, even as wages went up, due to reduced number of jobs. -- (edited)

Posted by znufrii Jun 26 '17, 09:58

"Crucially, the negative impact of lost jobs and hours more than offset the benefits of higher wages — on average, low-wage workers earned $125 per month less because of the higher wage, a small but significant decline."

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- It seems to me that it would be an important inflection point though, when the total earnings of labor decrease, even as per-hour wages go up. -- (edited) - znufrii Jun 26, 10:17 1
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From the article, average compensation decreased, even as wages went up, due to reduced number of jobs. -- (edited)

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